On The Move

>> Noel Dalzell joins Knight Capital as a director in broker-dealer sales and relationship management. Before Knight, Dalzell spent his entire 11-year career at E*Trade, where he worked as a Nasdaq trader and later in trading technology, sales, compliance, strategy and operations. He was also co-head of NMS trading operations at E*Trade Capital Markets. He reports to Steve Kay.

>> UBS hired Vlad Khandros as a director and market structure analyst in the Americas market structure group. Khandros, a six-year pro, is focused on monitoring and analyzing the structural and regulatory landscape for electronic equities trading, as well as developing UBS’s strategic responses to market structure issues. He will also publish market and microstructure commentary on a regular basis for clients. Khandros was formerly head of market structure and public policy at Liquidnet. At Liquidnet, he was heavily involved in commenting on regulatory and market structure matters both in the U.S. and the U.K. Prior to that, he held sales and analyst roles at TheMarkets.com, Merrill Lynch-Global Private Client, and Citigroup-Smith Barney.

>> ETF Securities, a provider of exchange traded products, hires Dan Magnusson as senior vice president sales. Magnusson, a 14-year veteran, is based in the firm’s San Francisco office and works with both institutional and retail advisors and wealth managers on the West Coast. Prior to ETF, he was regional vice president at Guggenheim Funds for four years, where he was a relationship manager and built brand awareness. He also worked at the Chicago Board of Trade and Chicago Board of Options. He reports to managing director Will Rhind.

>> Andy Peer joins BTIG’s New York office as a senior vice president and institutional sales trader. Peer, a 19-year veteran, spent the last 18 months at Instinet. Prior to that, he was with ITG for 15 years. He started his career on Wall Street with the equity trading division at Lehman Brothers. Peer reports to Rick Blank, head of global equities.

>> Mark P. Johnson joins Weeden & Co. in Greenwich, Conn., as a senior sales trader. Johnson, an 11-year veteran, spent his previous eight years at Sanford C. Bernstein in sales trading. He works with a coverage group that includes Peter Mullen and Raymond Floyd Jr. Johnson reports to Todd Trimmer, Weeden & Co. president and executive director of sales.

>> Lake Oswego, Ore.-based broker D.A. Davidson & Co. hired Tim Bricker as a managing director and head of equity trading. Bricker, a 21-year veteran, will be headquartered in the Oregon office but oversee the firm’s trading desks in Boston, Denver and Great Falls, Mont. Prior to Davidson, he was head of West Coast sales trading office for FBR Capital Markets and was also head of the institutional trading desk for Citigroup’s West Coast office. He reports to Doug Woodcock.

>> Cantor Fitzgerald is expanding its exchange-traded funds operations with the hiring of four professionals to launch an ETF arbitrage business in New York. Dan Segal joins the firm as a managing director to head the new group. A 12-year pro, Segal started his career in 1999 at Spear Leeds & Kellogg as a floor trader on the American Stock Exchange. In 2004, he started his own market-making firm, SEG Capital, which focused on domestic ETFs. He reports to Jarred Kessler, global head of equities.

Also joining the firm are: Joseph La Grasta; a 13-veteran who spent 10 years at SEG making markets in domestic ETFs; Todd Alberico; a six-year pro who spent his entire career at Goldman Sachs trading international and currency ETFs; and Kanellas Cafcules, an 11-year trading pro who also comes from Goldman Sachs. At Goldman, Cafcules traded fixed-income and commodity ETFs. All three report to Segal.

>> Wunderlich Securities brought on three traders as part of a mass hiring from the now defunct equity capital markets group at Signal Hill Capital Group. Baltimore-based boutique Signal Hill announced it was abandoning its sales and trading efforts to focus on banking. Of the jettisoned ECM team, 14 salespeople, traders and analysts moved to Wunderlich. The Memphis, Tenn.-based Wunderlich already operated an ECM group in Baltimore. The merged group will now include 16 analysts, 20 research salespeople and 10 traders and sales traders.

The traders include Erik Briggs, Dan Muhly and Phillip Renner. Briggs has more than 10 years of industry experience in sales and trading. He was with Signal Hill from 2008. He was also a vice president in sales trading at Ferris, Baker Watts (acquired by RBC Wealth Management in 2008). Muhly, a veteran of more than 19 years, has been both a principal and sales trader in his career. Besides Signal Hill, he also worked for Merrill Lynch. Renner, a veteran of more than 18 years, is a former Nasdaq market maker. Renner worked at Legg Mason and Alex. Brown & Sons, as well as its successors BT Alex. Brown and Deutsche Bank Alex. Brown. He has specialized in trading Internet and insurance stocks.

>> John Barone joins minority-owned agency-only brokerage Cheevers & Co. as vice president of institutional sales and trading. A veteran with more than 20 years’ experience, Barone will lead the trading execution, sales and client service efforts on the trading desk. He previously served as director of equity sales and trading at Melvin & Co. Prior to that, he was a principal and equity trader at William Blair & Co. He reports to Laura Yunger.

>> John Kirby joins Wedge Partners as a sales trader in the firm’s New York office. Previously, he was with Abel/Noser as head of institutional trading sales. Kirby began his Wall Street career in 1983 at Smith Barney.

>> Jessica Hansel joins Citi as an equity salesperson for Velocity, the bank’s research portal. A six-year sales veteran, Hansel comes from Knight Capital group, where she was salesperson for small- and mid-cap equity research. She reports to Jim Mahn.

 

>> Kim Bang joined BondDesk, a provider of retail fixed-income trading technology and execution services, as chief executive officer. Bang was a founding member and former chief executive and president of Bloomberg Tradebook. He most recently held the position of chief operating officer of EMEA and Asia Pacific for Bloomberg Enterprise Products and Solutions. Bang joined Bloomberg Tradebook as a founding member in April 1996. He assumed the role of president in December 1999 and the title of chief executive in April 2004. Prior to Bloomberg, he was president of Futech Capital Management, a hedge fund managing quantitative derivative trading strategies for institutional clients.

 

>> Weeden & Co. promoted B. Todd Trimmer and Lance F. Lonergan to co-chief executive officers. They were both sales managers there at one time and later oversaw the firm’s entire sales trading effort. Trimmer has spent his entire 19-year career at Weeden & Co. Lonergan spent 15 years at Citigroup before joining Weeden in 2007.

 

Got a new job? A promotion? Did a colleague? Send your particulars or a colleague’s to onthemove@sourcemedia.com

 

(c) 2011 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/